Property summary
This exceptional 3,578 square foot mixed-use retail property, located at 198-26 Jamaica Avenue in Jamaica, Queens, NY 11423, presents a compelling investment opportunity. The building sits on a 2,752 square foot lot and boasts over 61 feet of frontage on a high-traffic thoroughfare, experiencing over 17,000 vehicles daily. Currently, the property has a 50.42% occupancy rate, with the residential portion fully leased. The retail space, previously a successful bakery ("Jasmine Cakes"), is fully… built-out and features walk-in coolers, a prep area, a front store, and a full basement. It will be delivered vacant, ideal for a user or investor seeking to reposition this asset. The property's pro-forma NOI is $69,806, yielding a 6.50% pro-forma cap rate, and is priced at $300.15 per square foot. Its prime location is surrounded by established local and national retailers, minimizing management needs and maximizing potential. This multi-tenant property offers significant upside for savvy investors seeking a strong foothold in the vibrant Queens market. The property's size, location, and existing infrastructure make it an attractive proposition for a variety of retail businesses.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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